What you get in the Short Sale Real Estate Market < $600,000
August 6, 2008
As a result of all the feedback, I have attached a list of the current short sales, foreclosures, and Bank Owned homes(single families only) in the following cities: Newport Beach, Coto de Caza, Rancho Santa Margarita, Huntington Beach, Laguna Hills, Laguna Beach, Mission Viejo, San Juan Capistrano, Ladera Ranch, and Lake Forest. So for those of you who are aggressively looking.. this list should be helpful!! We are definitely use to these transaction by now. There are some great bargains out there!!!!
There are 258 active listings under $600,000(detached single family homes). Here are the first 250 since there was just too many to show in one email. Let me know if you need detailed searches and I will send them individually.
Thanks,
Roy Slater
Real Estate Auctions vs. Traditional Real Estate Sales? .1
July 10, 2008
This is a great topic for home sellers as they do not really understand the auction method of sale as it pertains to real estate. So, is selling your home at auction a better way to go rather then listing it with a traditional real estate agent?
The answer is an emphatic yes.
The auction method of sale gives consumers many more options when it comes to selling their home. But before I speak to the advantages let’s clear up some of the misconceptions. The word auction does not always mean foreclosure or short-sale. The auction method of sale is absolutely not always for distressed situations. This method of sale and the psychology behind it generates a tremendous amount of curiosity and interest for home buyers. Just seeing the word Auction on a real estate sign or in the MLS get buyer’s energized. If the auction is marketed correctly and administered ethically by an Auctioneer, the community will recognize this means of sale as a positive and not a negative. Buyers will always want to preview auction properties before traditional real estate listings.
The auction buzz
So now you have the energy and a buzz around your property that is being sold at auction. What are the advantages? The first advantage is flexibility. If you list your home with an auction firm, make sure they are also licensed to carry out traditional real estate sales, too. If the home does not sell at auction then it can immediately come on the market in the traditional sense. This will give you a competitive advantage with respect to a sales strategy. Yes a sales strategy, more tools that can bring an actual signed sales contract in less than 30 days. By coupling the auction method to traditional real estate sales you have created the perfect situation to sell your home.